Luke Saugier
41:04 - 41:27
"That intersection of supply and demand comes in 2029. So what our model is showing is that come 2029 in the summertime, native gas production will only just be keeping up with demand, and we will enter winter 2029 with not nearly enough gas in storage to make it through the winter."
“That intersection of supply and demand comes in 2029. So what our model is showing is that come 2029 in the summertime, native gas production will only just be keeping up with demand, and we will enter winter 2029 with not nearly enough gas in storage to make it through the winter.”
- Speaker
- Luke Saugier
- Timestamp
- 41:04 – 41:27
- Community
- Alaska News
- Location
- Juneau
- Captured at
- September 10, 2026
From the transcript
And in the wintertime, we draw gas out of storage and we repeat that year after year. But as native gas production declines, eventually it is not meaningfully higher than summer demand. And we're not able— in the forecast, in the model, we're showing we're not able to put gas into storage in the summertime. That intersection of supply and demand comes in 2029. So what our model is showing is that come 2029 in the summertime, native gas production will only just be keeping up with demand, and we will enter winter 2029 with not nearly enough gas in storage to make it through the winter.
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